Golden Share Mining Corp.

Published : August 20th, 2014

Golden Share Samples Up To 38.5 G/T Gold And 497.0 G/T Silver During Field Prospecting At Berens River

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Golden Share Samples Up To 38.5 G/T Gold And 497.0 G/T Silver During Field Prospecting At Berens River

Toronto, ON, / ACCESSWIRE / August 20, 2014 / Golden Share Mining Corporation ("Golden Share" or the "Company" - TSXV:GSH) is pleased to provide a first series of results on its recent Berens River work program. As reported in July 2014, the recent Berens field campaign focussed on two aspects, lithogeochemistry sampling and mapping and prospecting notably in the area of DDH NZ-88-19 and at the southern end of the property. The current release presents the raw mapping and prospecting surface outcrop grab sample results which highlight three specific areas of the property as outlined below.

1- Southern Intrusive

Three specific sampling areas highlight a mineralized system associated with the northern section of the Southern Intrusive, a predominantly dioritic to quartz dioritic stock, locally hosting more granitic phases as described in the field. In the sampled area, this intrusive is approximately one kilometer wide with the Younge occurrence located on the west flank while the Newconex and Geotest prospects are situated at the eastern margin of the intrusive. The mineralization consists principally in pyrite with occasional chalcopyrite, locally up to 50% total sulfides. Specific to this area is the presence of arsenopyrite, from trace to massive pods. This mineralization is associated with northwest trending shear zones and quartz veins parallel to a regional, multi-kilometer, northwest trending structure. Highlights of the sampling are presented below.

Younge occurrence

38.50 g/t Au, 497.00 g/t Ag and 5.10 % Cu

26.10 g/t Au, 103.00 g/t Ag, 2.44 % Cu and 0.21 % Zn

23.60 g/t Au, 169.00 g/t Ag, 1.86 % Cu and 1.13 % Zn

21.10 g/t Au, 535.00 g/t Ag, 5.23 % Cu and 0.34 % Zn

Newconex occurrence

8.68 g/t Au, 19.50 g/t Ag and 0.29 % Cu

1.13 g/t Au, 28.10 g/t Ag, 0.29 % Cu and 0.21 % Zn

Geotest occurrence

5.81 g/t Au and 3.90 g/t Ag

5.20 g/t Au and 2.80 g/t Ag

2.11 g/t Au and 8.40 g/t Ag

1.55 g/t Au and 4.30 g/t Ag

2- Senet - McCloskey

Two specific sampling areas are located in the volcanics approximately 250 m east of the Southern Intrusive. The mineralization consists principally in pyrrhotite with occasional pyrite, chalcopyrite and sphalerite under the form of disseminated to semi massive bands hosted in a fine to locally coarse grained basalt. Highlights of the sampling are presented below. Old, unidentifiable drill core was found and a composite sample was taken for reference purposes.

Senet : up to 0.22 g/t Au, 5.10 g/t Ag and 0.15 % Zn / DDH composite : 0.34 % Cu

McCloskey : up to 0.60 g/t Ag, 0.12 % Cu and 0.49 %Zn

3- Berens south veins

Two specific veins inferred to belong to the Berens River main vein system were sampled approximately 2.5 km south of Vein N?3. The mineralization consists in up to 3% pyrite and sphalerite in quartz veins and breccias up to 40 cm wide hosted in dacites and silicified tuffs. Highlights of the sampling are presented below.

Vein N?9 : 0.98 g/t Au, 36.10 g/t Ag, 0.09 % Cu and 0.25 % Zn

Vein N?14 : 0.44 g/t Au, 13.10 g/t Ag, 0.20 % Cu and 0.35 % Zn and 0.10 g/t Au, 40.50 g/t Ag, 0.04 % Cu and 0.61 % Zn

The sampling was executed mostly in areas of known historical mineralization to improve geological understanding that was lacking from historical documents. Additionally, all areas have been the object of lithogeochemical sampling to further characterize the geological environments hosting the mineralization with modern methods and provide recommendations for future work. Please see Figure.1 below for further details. Table.1 below provides the complete list of assays from the recent campaign.

Lithogeochemistry and further detailed geological interpretation of mapping and prospecting results will be provided once all information has been thoroughly complied.

About Golden Share

Golden Share Mining Corporation is a Canadian-based mining exploration company developing a promising and well-balanced property portfolio in the mineral belts of Eastern Canada, a politically stable environment with a history of rich mineral endowment. On July 25, 2013 shareholders of the Company approved the merger with Silvore Fox Minerals Corp., a Canadian junior explorer listed on the TSX Venture Exchange (see press release dated July 25, 2013). Following this transaction Beijing Donia Resources Co. Ltd., a Chinese state-controlled company, has become Golden Share's largest shareholder with approximately 30.88% of its issued and outstanding Shares. Sinotech Minerals Exploration Co. Ltd., a leading Chinese mineral exploration and development company, is a 50.03% shareholder of Beijing Donia Resources Co. Ltd (For further details please see the recent Sinotech corporate presentation on: http://www.goldenshare.ca).

This new Chinese partner recognizes the value of Golden Share's well balanced portfolio of properties and sees the merged entity as an ideal platform to further develop its activities in mining exploration and development in North America, and notably in Eastern Canada, a politically stable environment with a rich history of mineral endowment.

Golden Share's exploration programs are executed under the supervision of Mrs. Laurence Huss, M.Sc., P. Geo., a > as defined in National Instrument 43-101, and Vice-president Exploration of Golden Share. Philippe Giaro, P.Geo., President and CEO of Golden Share and Qualified Person for Golden Share, has reviewed and approved the content of this release.

FOR MORE INFORMATION, CONSULT: http://www.goldenshare.ca

OR OUR FACEBOOK PAGE AT: https://www.facebook.com/golden.share.9

Golden Share Mining Corporation

Philippe Giaro, President & CEO

Tel: 1-905-968-1153 or Tel: 32-473-52-30-29

E-mail: phgiaro@skynet.be or E-mail: info@goldenshare.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Click Image To View Full Size

Figure. 1 - Berens River 2014 surface outcrop grab sampling location

Zone

Sample

Au g/t

Ag g/t

As ppm

Cu %

Zn %

Younge

L225664

38.5

497

43

5.11

0.07

Younge

L225665

26.1

103

37

2.44

0.21

Younge

L225666

23.6

169

103

1.86

1.13

Younge

L225660

21.1

535

31

5.23

0.34

Younge

L225663

8.62

32.3

23

0.51

0.02

Younge

L225662

7.43

30.5

360

0.43

0.03

Younge

L225661

0.824

8.5

49

0.25

0.02

East Newconex

L225668

0.327

61.7

>10000

0.03

0.98

East Newconex

L225667

0.227

19.1

3590

0.07

0.43

West Newconex

L225669

8.68

19.5

59

0.29

0.01

West Newconex

L225670

1.13

28.1

12

0.29

0.21

West Newconex

L225671

0.362

2.6

35

0.10

0.56

West Newconex

L225672

0.055

4.5

9

0.04

0.51

Geotest

L225678

5.81

3.9

>10000

0.07

0.01

Geotest

L225680

5.2

2.8

>10000

0.05

0.00

Geotest

L225319

2.11

8.4

80

0.00

0.00

Geotest

L225321

1.55

4.3

5430

0.03

0.00

Geotest

L225679

0.667

2.9

>10000

0.03

0.00

Geotest

L225313

0.466

0.6

2

0.00

0.00

Geotest

L225318

0.461

2.8

5210

0.01

0.00

Geotest

L225322

0.389

3

31

0.03

0.00

Geotest

L225316

0.279

1.3

>10000

0.02

0.00

Geotest

L225317

0.165

0.3

2700

0.00

0.00

Geotest

L225677

0.041

3.3

13

0.05

0.00

Geotest

L225320

0.032

1.8

13

0.01

0.00

Geotest

L225324

0.015

0.2

21

0.00

0.00

Geotest

L225323

0.014

0.7

9

0.01

0.00

Geotest

L225325

0.014

0.4

35

0.01

0.00

Geotest

L225315

0.011

1.1

8

0.01

0.02

Geotest

L225675

0.01

2.8

2

0.12

0.01

Geotest

L225676

0.006

0.3

2

0.03

0.00

Geotest

L225674

0.005

0.2

7

0.02

0.00

Geotest

L225305

0.005

0.2

3

0.01

0.00

Geotest

L225306

0.005

0.2

2

0.00

0.00

Geotest

L225307

0.005

0.2

2

0.00

0.02

Geotest

L225314

0.005

0.3

10

0.01

0.00

Senet

L225653

0.222

5.1

23

0.05

0.15

Senet

L225654

0.149

10.7

2

0.02

0.06

Senet

L225655

0.013

2.6

2

0.34

0.01

Senet

L225651

0.012

0.2

2

0.02

0.00

Senet

L225652

0.005

0.3

2

0.02

0.01

McCloskey

L225658

0.03

0.5

2

0.09

0.49

McCloskey

L225659

0.015

0.6

2

0.12

0.36

McCloskey

L225657

0.006

0.2

2

0.06

0.00

McCloskey

L225656

0.005

0.4

2

0.09

0.00

Vein 9

L225563

0.979

36.1

25

0.09

0.25

Vein 9

L225562

0.009

0.2

9

0.00

0.01

Vein 14

L225553

0.441

13.1

7

0.20

0.35

Vein 14

L225555

0.217

4.5

4

0.06

0.21

Vein 14

L225554

0.146

4.9

2

0.07

0.60

Vein 14

L225552

0.095

40.5

6

0.04

0.61

Vein 1

L225551

0.195

1.3

5

0.00

0.02

"2,99 ppm Gold"

L225312

0.22

2.8

2

0.04

0.00

"2,99 ppm Gold"

L225310

0.049

0.2

2

0.01

0.00

"2,99 ppm Gold"

L225311

0.01

0.3

2

0.02

0.01

Quartz Vein Zone

L225559

0.013

0.6

11

0.01

0.01

Quartz Vein Zone

L225560

0.005

0.2

2

0.00

0.01

Quartz Vein Zone

L225561

0.005

0.2

2

0.00

0.00

Conductor R

L225673

0.012

0.2

2

0.02

0.00

Prospection

L225557

0.025

0.6

9

0.01

0.01

Prospection

L225303

0.017

0.2

2

0.00

0.00

Prospection

L225556

0.011

2.7

2

0.01

0.06

Prospection

L225309

0.009

0.2

2

0.01

0.00

Prospection

L225558

0.005

0.2

39

0.00

0.01

Prospection

L225564

0.005

0.2

8

0.00

0.00

Prospection

L225565

0.005

0.6

27

0.01

0.00

Prospection

L225301

0.005

0.2

2

0.02

0.00

Prospection

L225302

0.005

0.2

2

0.01

0.00

Prospection

L225304

0.005

0.2

2

0.01

0.00

Prospection

L225308

0.005

0.3

2

0.03

0.01

Table. 1 - Complete results from 70 surface outcrop grab samples

SOURCE: Golden Share Mining Corporation

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Canada | All
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Golden Share Mining Corp.

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Golden Share Mining is a gold exploration company based in Canada.

Golden Share Mining holds various exploration projects in Canada.

Its main exploration properties are MALARTIC LAKESHORE, FORSAN, LAC FORTUNE and PISTOL LAKE PROPERTY in Canada.

Golden Share Mining is listed in Canada. Its market capitalisation is CA$ 1.8 millions as of today (US$ 1.4 millions, € 1.3 millions).

Its stock quote reached its highest recent level on April 01, 2011 at CA$ 1.30, and its lowest recent point on March 19, 2020 at CA$ 0.03.

Golden Share Mining has 35 440 000 shares outstanding.

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Annual reports of Golden Share Mining Corp.
2007 Annual report
Financings of Golden Share Mining Corp.
10/19/2012Amends Terms of Warrants
4/27/2011Closes $200,200 Flow-Through Financing
Project news of Golden Share Mining Corp.
8/13/2013(Berens River)Initiates Diamond Drilling at Berens River
3/13/2013(Berens River)Receives Ontario Exploration Permits for Berens River and Sh...
11/28/2011Lake Shore Gold Completes Sale of Land to Golden Share Minin...
7/13/2011Provides an Update on its Shebandowan Gold Project Summer Wo...
6/28/2011Shareholders Approve Band Ore Gold Property Purchase from
5/25/2011(Berens River)Golden Share Compilation Shows 10.16 g/t Au Over 10.50 m Ope...
5/12/2011(Malartic Lakeshore)Hits a 17 m Quartz Bearing Shear Zone in Malartic Lakeshore ...
4/14/2011(Malartic Lakeshore)Plans Drilling on Malartic Lakeshore for Third Week of April
4/6/2011(Elwood)IP Survey Defines Drill Targets on Elwood in Shebandowan Bel...
7/27/2010(Forsan)Drilling Campaign Underway
5/4/2010(Pistol Lake Property)Provides a First NI 43-101 Compliant Resource Estimate on Pi...
1/20/2010(Malartic Lakeshore)Intersects 88 m of Altered Felsic Intrusives With Grades Up ...
1/12/2010(Pistol Lake Property)Intersects Major Deformation Zone in Fall 2009 Drill Campaig...
11/25/2009(Forsan)Provides its First 43-101 Resource Estimate on Forsan
11/5/2009(Malartic Lakeshore)Starts Drilling on Malartic Lakeshore
9/23/2009(Malartic Lakeshore)IP Survey Defines Drill Targets at Depth on Malartic
9/15/2009(Lac Fortune)Update on Lac Fortune West, Richmont to Restart Production
5/27/2009(Pistol Lake Property)Historical Data Outlines Gold Mineralization Over 1 Km2
5/13/2009(Forsan)DRILLS UP TO 56.86 G/T AU OVER 4.00 M ON FORSAN PROPERTY
5/13/2009(Forsan)Drills Up to 56.86 g/t Au Over 4.00 m on Forsan Property
2/4/2009(Malartic Lakeshore)Intersects Additional High Grades of Up to 15=2E27 g/t Au in...
12/18/2008(Pistol Lake Property) Intersects Contact Zone in Pistol Lake Drilling Program
6/5/2008(Elwood)GOLDEN SHARE IDENTIFIES 14 IP ANOMALIES WITH SURFACE GRADES ...
Corporate news of Golden Share Mining Corp.
4/26/2016Golden Share Increases Interest to 75% On Berens River Mine ...
12/22/2015Golden Share Provides Additional information regarding sale ...
11/24/2015Golden Share Announces the Service Agreement with Canada Chr...
11/23/2015Golden Share Announces Selling of Quebec Properties and Issu...
10/16/2015Golden Share Announces TSX Accepted $120,000 Hard Cash Priva...
10/6/2015Golden Share Announces Closing of $120,000 Hard Cash Private...
9/30/2015Golden Share Announces Private Placement
8/12/2015Golden Share Announces TSX Venture Exchange Approval for Sha...
8/7/2015Golden Share Announces 2015 Shareholders' Meeting Results
7/31/2015Golden Share Announces a Share Consolidation
6/17/2015Golden Share Terminated Option Agreement and Announces Annua...
2/17/2015Golden Share Amends Terms of Option Agreement
1/14/2015Golden Share President and CEO Resigns, Board Appoints Dr. Z...
10/14/2014Golden Share Refines Alteration Envelopes for Gold Mineraliz...
10/9/2014Golden Share Issues Second Royalty Payment for Pistol Lake, ...
8/20/2014Golden Share Samples Up To 38.5 G/T Gold And 497.0 G/T Silve...
7/23/2014Golden Share Staking Joins Berens North and South Blocks
7/10/2014Golden Share Combines Geoscientific Approach and Field Prosp...
5/27/2014Monster Lake Drilling cuts 10.47 M Grading 11.55 G/T Gold Ad...
5/21/2014Golden Share Announces the Closing of $400,000 Hard Cash Pri...
5/12/2014Golden Share Acquires the Canadian Assets of Greatore Inc.
4/10/2014Golden Share Acquires Monster Island Directly Adjacent to Ia...
8/27/2013Provides a General Update on High Grade Zinc Pick Lake Proje...
7/30/2013Beijing Donia Resources Co., Ltd. Announces the Acquisition ...
7/25/2013Obtains Shareholder Approval for Merger With Silvore Fox at ...
7/25/2013Obtains Shareholder Approval for Merger With Silvore Fox at ...
7/10/2013Files Documentation for Merger and Mails July 25, 2013 Speci...
5/30/2013Signs Merger Agreement With Silvore Fox With Support of Chin...
4/2/2013Provides Update on North Shebandowan Contact Zone
2/20/2013Provides an Update and Outlook for 2013
2/8/2013Amends Terms of Favourable Lake Gold Option Agreement
2/4/2013Amends Terms of Conacher Option Agreement
1/3/2013Amends Terms of Option Agreement
11/7/2012(Lac Fortune)Sells Lac Fortune West Project to Vantex Resources
11/1/2012VSA Capital Initiates Coverage on Golden Share
10/25/2012Samples up to 2.24 g/t Au in New Shear on Larose
9/19/2012Grants Stock Options
9/13/2012Samples Up to 26.40 g/t Au in Shebandowan Summer Program
6/14/2011Signs Definitive Purchase Agreement With Lake Shore Gold Cor...
5/18/2011Stakes an Additional 7 km West Along Pistol Lake-Band Ore Tr...
4/1/2011(Band Ore)Lake Shore Gold to Acquire 19.99% of Golden Share Through Sa...
3/8/2011Acquires Conacher Property East of Pistol Lake in Shebandowa...
2/11/2011Announces the Departure of a Director
5/25/2010Provides an Update on Its Spring 2010 Exploration Program
4/1/2010Acquires Property Near Eagle Hi =?ISO-8859-1?Q?ll=27s=20Find...
2/4/2010Acquires Lutetium Ree Property in Central Quebec, Canada
10/22/2009Recovers 25=2E50 g/t Au on Surface and Completes Pistol Lake...
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